TY 2025 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2025

Open to Public Inspection

For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25

Name of foundation
Daelansa Foundation
c/o Sam Michaels

Number and street (or P.O. box number if mail is not delivered to street address) Two North Breakers Row ST 4
Room/suite

City or town
Palm Beach

State or province
FL

Country

ZIP or foreign postal code
33480

A Employer identification number

58-1577718

B Telephone number (see instructions)

5618021717

C If exemption application is pending, check here

G Check all that apply: Initial returnInitial return of a former public charity

Address change Name change

D 1. Foreign organizations, check here.............

2. Foreign organizations meeting the 85%
test, check here and attach computation ...

E If private foundation status was terminated
under section 507(b)(1)(A), check here .......

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$500,810J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .................
3	Interest on savings and temporary cash investments	23		23
4	Dividends and interest from securities...	11,780		11,780
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		26,093
b	Gross sales price for all assets on line 6a 152,304
7	Capital gain net income (from Part IV, line 2)...			26,093
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	37,896		37,896	0
13	Compensation of officers, directors, trustees, etc.	10,000		0	0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	3,500	3,500	0	0
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	5,003	5,003	0	0
17	Interest...............	12		12	0	0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	1,365	1,365	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	19,880		9,880	0	0
25	Contributions, gifts, grants paid.......	94,500				94,500
26	Total expenses and disbursements. Add lines 24 and 25 ................	114,380		9,880	0	94,500
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-76,484
b	Net investment income (if negative, enter -0-)			28,016
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2025)

Form 990-PF (2025)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	23,364	10,613	10,613
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	0	491	491
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	38,861	0	0
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	407,352	List of Attached Documents: // Content 381,989	489,706
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	469,577	393,093	500,810
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	349,082	349,082
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	3,801	3,801
	28	Retained earnings, accumulated income, endowment, or other funds	116,694	40,210
	29	Total net assets or fund balances (see instructions).....	469,577	393,093
	30	Total liabilities and net assets/fund balances (see instructions).	469,577	393,093

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

469,577

Enter amount from Part I, line 27a .....................

-76,484

Other increases not included in line 2 (itemize)

Add lines 1, 2, and 3 ..........................

393,093

Decreases not included in line 2 (itemize)

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..

393,093

Form 990-PF (2025)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	1493.328 GQG Partners	P	2024-12-31	2025-02-05
b	15 BJS Wholesale Club	P	2024-12-31	2025-02-05
c	4 Choice Hotels	P	2024-12-31	2025-02-05
d	146.440 Goldman Sachs CQC	P	2024-12-31	2025-06-18
e	46 Ishares Russell Midcap	P	2025-02-05	2025-11-28
	2 Ishares Russell Midcap Value	P	2024-02-22	2025-02-05
	44 Ishares US Small-Cap	P	2024-02-24	2025-01-07
	10 Ishares US Small-Cap	P	2024-02-22	2025-02-05
	9.879 JP Morgan Hedged Equiry	P	2024-12-31	2025-01-07
	1.783 JP Morgan Hedged Eqity	P	2025-03-27	2025-06-18
	517.2 Loomis Sayles Growth	P	2024-12-31	2025-01-07
	13.889 Loomis Sayles Growth	P	2024-02-22	2025-02-05
	11 Ollie's Bargain Outlet	P	2024-12-31	2025-02-05
	231.681 Pimco Income	P	2024-12-31	2025-06-18
	45.033 Pimco Income	P	2024-12-31	2025-06-18
	8 Universal Display	P	2024-12-31	2025-02-05
	48 Bentley Systems	P	2022-11-15	2025-02-05
	36 Berkley WR Corp	P	2021-01-24	2025-02-05
	12 Bright Horizons Family	P	2022-11-25	2025-02-05
	7 Charles River Labs	P	2022-11-15	2025-02-05
	2 Chemed Corp	P	2022-11-15	2025-02-05
	8 Choice Hotels	P	2023-01-01	2025-02-05
	23 The Cooper Companies	P	2022-11-15	2025-02-05
	7 Aspen Tech	P	2023-01-01	2025-02-05
	7 Equifax	P	2022-11-15	2025-02-05
	13 Exponent Inc	P	2023-01-01	2025-02-05
	1 Fair Issac Corp	P	2022-11-15	2025-02-05
	196.649 Goldman Sachs GQG	P	2021-01-27	2025-06-18
	9 Henry Jack & Assoc	P	2023-01-01	2025-02-05
	15 Interactive Brokers	P	2021-01-27	2025-02-05
	19 Ishares Russell 100	P	2024-02-22	2025-06-18
	25 Ishares Russell 100	P	2024-02-24	2025-11-28
	131 Ishares Broad USD	P	2023-08-07	2025-06-18
	68 Ishares Small Cap	P	2024-02-22	2025-11-28
	115.123 JP Morgan Hedged Equity	P	2019-03-12	2025-01-07
	52.242 JP Morgan Hedge Equity	P	2019-03-12	2025-06-18
	7 LPL Finl Hldgs	P	2023-01-01	2025-02-05
	3 Lennox Intl	P	2022-11-15	2025-02-05
	139.437 Loomis Sayles	P	2024-02-22	2025-06-18
	135.303 Loomis Sayles	P	2024-02-22	2025-11-28
	8 Nordson Corp	P	2021-01-27	2025-02-05
	120.061 Pimco Income	P	2023-01-01	2025-06-18
	6 Pool Corp	P	2022-11-15	2025-02-05
	38 Rollins Inc.	P	2023-01-01	2025-02-05
	3 SAIA Inc.	P	2023-01-01	2025-02-05
	15 Scotts Miracle-Gro	P	2022-11-15	2025-02-05
	8 Siteone Landscape	P	2022-11-15	2025-02-05
	3 Teledyne Tech	P	2022-11-15	2025-02-05
	11 Teledyne Tech	P	2022-11-15	2025-02-05
	16 Thor Industries	P	2022-11-15	2025-02-05
	4 Watsco Inc.	P	2022-11-15	2025-02-05
	5 Zebra Tech	P	2022-11-15	2025-02-05
	50 Zurn Elkay Water	P	2023-01-01	2025-02-05
	11 Allegion PLC Foreign	P	2022-11-15	2025-02-05
	Capital Gains Dividends	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	24,774	25,977	-1,203
b	1,567	1,147	420
c	608	472	136
d	3,255	2,995	260
e	4,467	4,251	216
	388	340	48
	2,995	2,629	366
	706	598	108
	329	315	14
	59	57	2
	15,361	13,838	1,523
	428	352	76
	1,176	999	177
	2,470	2,463	7
	480	482	-2
	1,180	1,771	-591
	2,251	1,917	334
	2,176	997	1,179
	1,460	914	546
	1,151	1,762	-611
	1,129	984	145
	1,217	979	238
	2,213	1,826	387
	1,853	1,311	542
	1,885	1,428	457
	1,215	1,101	114
	1,852	617	1,235
	4,372	3,516	856
	1,567	1,389	178
	3,430	953	2,477
	3,607	3,227	380
	5,251	4,246	1,005
	6,671	6,465	206
	5,116	4,063	1,053
	3,829	2,270	1,559
	1,718	1,030	688
	2,564	937	1,627
	1,758	822	936
	4,246	3,535	711
	4,533	3,430	1,103
	1,716	1,469	247
	1,280	1,270	10
	2,052	2,087	-35
	1,891	1,328	563
	1,489	818	671
	1,050	958	92
	1,094	1,042	52
	1,543	1,227	316
	1,237	1,052	185
	1,645	1,470	175
	1,899	1,128	771
	1,944	1,312	632
	1,924	1,403	521
	1,419	1,242	177
	2,814		2,814

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			-1,203
b			420
c			136
d			260
e			216
			48
			366
			108
			14
			2
			1,523
			76
			177
			7
			-2
			-591
			334
			1,179
			546
			-611
			145
			238
			387
			542
			457
			114
			1,235
			856
			178
			2,477
			380
			1,005
			206
			1,053
			1,559
			688
			1,627
			936
			711
			1,103
			247
			10
			-35
			563
			671
			92
			52
			316
			185
			175
			771
			632
			521
			177
			2,814

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	26,093
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 .........................		3

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	389
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	389
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	389
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	880
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	880
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	491
11	Enter the amount of line 10 to be: Credited to 2026 estimated tax491	Refunded	11	0
	For Refunded amount, also complete and attach Form 8050. See instructions.

Form 990-PF (2025)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. $ 0(2) On foundation managers.$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers.$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website addressN/A

The books are in care ofAnita J Hamilton Michaels Telephone no. (561) 655-7722

Located at425 Worth Avenue 5EPalm BeachFL ZIP+433480

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........

and enter the amount of tax-exempt interest received or accrued during the year ........

16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country

Form 990-PF (2025)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

Organizations relying on a current notice regarding disaster assistance check here ........

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2025? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2025?....................

If "Yes," list the years 20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine

if the foundation had excess business holdings in 2025.).....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..

Form 990-PF (2025)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

Organizations relying on a current notice regarding disaster assistance check .........

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
Anita J Hamilton Michaels	Chairman Trustee 1.00	0
425 Worth Avenue Palm Beach,FL33408	Chairman Trustee 1.00	0
Frank T Hamilton	Secretary Trustee 1.00	10,000
425 Worth Avenue Palm Beach,FL33408	Secretary Trustee 1.00	10,000

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2025)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	Checks are written to various charities annually. In 2025, 38 charities received funds.	94,500
2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1	Investments in UBS Financial Services	37,896
2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3.........................37,896

Form 990-PF (2025)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

497,183

Average of monthly cash balances.......................

21,704

Fair market value of all other assets (see instructions)................

Total (add lines 1a, 1b, and 1c).......................

518,887

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

518,887

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

7,783

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

511,104

Minimum investment return. Enter 5% (0.05) of line 5 ................

25,555

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)

Minimum investment return from Part IX, line 6..................

25,555

Tax on investment income for 2025 from Part V, line 5 .......

389

Income tax for 2025. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

389

Distributable amount before adjustments. Subtract line 2c from line 1............

25,166

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

25,166

Deduction from distributable amount (see instructions) .................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

25,166

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........

94,500

Program-related investments—total from Part VIII-B..................

37,896

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

132,396

Form 990-PF (2025)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2024	(c) 2024	(d) 2025
1 Distributable amount for 2025 from Part X, line 7					25,166
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2025:
a From 2020......	20,449
b From 2021......	54,175
c From 2022......	36,232
d From 2023......	31,858
e From 2024......	79,285
f Total of lines 3a through e ........		221,999
4Qualifying distributions for 2025 from Part
XI, line 4: $ 132,396
a Applied to 2024, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions) .....			0
c Treated as distributions out of corpus (Election required—see instructions) ........		0
d Applied to 2025 distributable amount.....					25,166
e Remaining amount distributed out of corpus		107,230
5 Excess distributions carryover applied to 2025.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		329,229
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2024. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2025. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2026 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2020 not applied on line 5 or line 7 (see instructions) ...		20,449
9 Excess distributions carryover to 2026. Subtract lines 7 and 8 from line 6a ......		308,780
10 Analysis of line 9:
a Excess from 2021 ....	54,175
b Excess from 2022 ....	36,232
c Excess from 2023 ....	31,858
d Excess from 2024 ....	79,285
e Excess from 2025 ....	107,230

Form 990-PF (2025)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2025	(b) 2024	(c) 2023	(d) 2022	(e) Total

b 85% (0.85) of line 2a .......
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, 3b, or 3c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2025)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AIPAC 251 H St NW Washington,DC20001			Use for their stated purpose.	800
Alzheimers Drug Discovery 57 West 57th Street New York,NY10019			Use for their stated purpose.	5,000
Ann Norton Schulpture Garden 253 Barcelona Rd West Palm Beach,FL33401			Use for their stated purpose.	1,000
Birthright Isreal Foundation 711 3rd Ave 10th Floor New York,NY10017			Use for their stated purpose.	1,000
Boys & Girls Club of PB County 800 Northpoint Pkway 204 West Palm Beach,FL33407			Use for their stated purpose.	1,000
Boystown South Florida 1655 Palm Beach Lakes Blvd West Palm Beach,FL33401			Use for their stated purpose.	500
Dartmouth College Fund 6066 Deveopment Office Hanover,NH03755			Use for their stated purpose.	2,000
Doctors Without Borders PO Box 5030 Hagerstown,MD21741			Use for their stated purpose.	500
Feed America 13100 Wortham Center Dr Houston,TX77065			Use for their stated purpose.	500
Flagler Museum 1 Whitehall Way Palm Beach,FL33480			Use for their stated purpose.	1,000
Food For The Poor 6401 Lyons Road Coconut Creek,FL33073			Use for their stated purpose.	500
Girls Preparatory School 205 Island Avenue Chattanooga,TN37405			Use for their stated purpose.	1,000
Glades Academy Foundation 7368 Building E FL-15 Pahokee,FL33476			Use for their stated purpose.	1,000
Hanley Foundation 700 S Dixie Ste 105 West Palm Beach,FL33401			Use for their stated purpose.	2,000
Hillel 777 Glades Rd Bldg LY-38 Boca Raton,FL33431			Use for their stated purpose.	1,000
Hospital Albert Schweitzer PO Box 110091 Pittsburgh,PA15232			Use for their stated purpose.	1,000
Jewish Assn on Aging 200 JHF Drive Pittsburgh,PA15217			Use for their stated purpose.	2,000
Jewish Federation of Greater Pitts 2000 Technology Drive Pittsburgh,PA15219			Use for their stated purpose.	10,000
Jewish Federation of PB County 1 Harvard Circle Ste 100 West Palm Beach,FL33409			Use for their stated purpose.	10,000
Make A Wish Southern FL 4491 S State Road 7 Suite 201 Ft Lauderdale,FL33314			Use for their stated purpose.	250
Morse Life Foundation 4847 David S Mack Dr West Palm Beach,FL33417			Use for their stated purpose.	10,000
Morse Life Hospice 4847 David S Mack Dr West Palm Beach,FL33417			Use for their stated purpose.	1,000
NY Jr Tennis Learning 1720 Crotona Avenue Bronx,NY10457			Use for their stated purpose.	1,000
Palm Beach Fellowship 139 N County Road 36 Palm Beach,FL33480			Use for their stated purpose.	1,000
Palm Beach Island Hospise 44 Cocoanut Row Ste M207B Palm Beach,FL33480			Use for their stated purpose.	1,000
Peggy Adams Animal Rescue 3100/3200 N Military Trail West Palm Beach,FL33409			Use for their stated purpose.	1,000
Planned Parenthood 2300 N Florida Mango Road West Palm Beach,FL33409			Use for their stated purpose.	500
Promise Fund of FL 340 Royal Poinciana Way Palm Beach,FL33480			Use for their stated purpose.	11,000
Salvation Army 2122 Palm Beach Lakes Blvd West Palm Beach,FL33409			Use for their stated purpose.	500
Smile Train 633 Third Avenue 9th Floor New York,NY10017			Use for their stated purpose.	200
Special Olympics Florida 2728 Lake Worth Road Lake Worth,FL33461			Use for their stated purpose.	500
St Jude Childrens Research 2920 Forest Ln 415 Dallas,TX75234			Use for their stated purpose.	1,000
Susan G Komen 13770 Noel Road Ste 801889 Dallas,TX75380			Use for their stated purpose.	1,000
The Neighborhood Academy 709 N Aiken Ave Pittsburgh,PA15206			Use for their stated purpose.	250
The Pittsburgh Sweep Program 414 Grant Street Pittsburgh,PA15219			Use for their stated purpose.	1,000
Town of Palm Beach 360 S County Rd Palm Beach,FL33480			Use for their stated purpose.	20,000
USO PO Box 96860 Washington,DC20077			Use for their stated purpose.	500
Women of Distinction 8518 Cross Timbers Dr W Jacksonmille,FL32244			Use for their stated purpose.	1,000
Total ................................. 3a				94,500

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2025)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	23
4 Dividends and interest from securities ....			14	11,780
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			14	2,814	23,279
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		14,617	23,279

13Total. Add line 12, columns (b), (d), and (e)..................

37,896

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1	Providing funds for charity

Form 990-PF (2025)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2025)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2025 AccountingFeesSchedule

Name:

Daelansa Foundation

c/o Sam Michaels

EIN:

58-1577718

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Mitchell L. Stump, CPA, PA	3,500	3,500	0	0

- TIN:

TY 2025 InvestmentsOtherSchedule2

Name:

Daelansa Foundation

c/o Sam Michaels

EIN:

58-1577718

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
Closed End Funds	AT COST	155,550	183,336
UBS Equities Mutual Funds	FMV	67,662	123,484
UBS Fixed Income Corporate Bonds and Notes	FMV	91,099	95,567
UBS Fixed Income Mutual Funds	FMV	45,703	48,066
UBS Non-tradional Mutual Funds	AT COST	21,975	39,253

- TIN:

TY 2025 OtherProfessionalFeesSchedule

Name:

Daelansa Foundation

c/o Sam Michaels

EIN:

58-1577718

Category	Amount	Net Investment Income
Filing fee	20	20
UBS 4K 01256 Investment Fees	4,808	4,808
UBS 4K 01464 Investment Fees	175	175

- TIN:

TY 2025 TaxesSchedule

Name:

Daelansa Foundation

c/o Sam Michaels

EIN:

58-1577718

Category	Amount	Net Investment Income
Foreign Taxes	90	90
US Treasury 2024	886	886
US Treasury 2025	389	389